NYL = AMWAY. STAY AWAY! - Financial Services Professional New York Life Employee Review

1.0
27 Sept 2019
Recommend
CEO approval
Business outlook

Pros

None to report. Absolutely none.

Cons

The multi-step, field sales interview process beats you into submission - contrived, impersonal, banal and uninspired. Win the opportunity to ruthlessly hawk life insurance to your "natural market" on 100% commission like a newly minted Amway distributor with a trunk full of bad toilet paper. Once your natural market shrinks, best of luck Chuck! Right about that time, the fees for your cubicle and phone kick in (not a joke) - yes, you are subsidizing the overhead of one of the largest, billion dollar companies in the United States. No support, no mentors, no soul. Stay far away from this scam of a company and career. THE COMPANY YOU KEEP? What a LEAP!

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New York Life Response
6y
Thank you for taking the time to share your feedback. We take your concerns seriously and would like further information. A successful career as an agent requires dedication and commitment and, for many, the financial and professional rewards are worth it. We understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed. We encourage you to email us at helpusimprove@newyorklife.com if you would like to share specific details about your experience.

Explore other reviews about New York Life

5.0
11 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great culture and leadership team.

Cons

None as yet so far

5.0
9 Oct 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

Cons

You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

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New York Life Response
9y
Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
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